Market Analysis: Global Aesthetic/Cosmetic Lasers Market
The Global Aesthetic/Cosmetic Lasers Market accounted to USD 696.95 million in 2016 growing at a CAGR of 10.4% during the forecast by 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast by 2024.
The growing adoption of the noninvasive procedures, the rising cases of skin damages, rising medical tourism, changing lifestyles and reduction in the procedural costs drives the market. This Global Aesthetic/Cosmetic Lasers Market report comprises of a deep knowledge and information on what the market’s definition, classifications, applications, and engagements and also explains the drivers and restraints of the market which is derived from SWOT analysis.
This Global Aesthetic/Cosmetic Lasers Market report contains all the market drivers and restraints that are derived using SWOT analysis while explaining the market definition, classifications, applications, and market trends. The report also includes the CAGR values for the historic years, 2016 the base year 2017, and forecast for the years 2018-2025.
Major market drivers and restraints: Global Aesthetic/Cosmetic Lasers Market
- Increase in adoption of non-invasive aesthetic procedures
- Changing lifestyle and growing disposable income
- Technological advancements in the aesthetic or consumer lasers
- Increasing beauty consciousness and aesthetic concepts
- Severe safety regulations for aesthetic procedures
- Lack of reimbursement of cosmetic laser based procedures
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Major Market Competitors: Global Aesthetic/Cosmetic Lasers Market
- Lumenis Ltd.,
- Hologics Inc.,
- Aerolase Corp.,
- Alma Lasers,
- En. S.p.A.,
- Sciton, Inc.,
- SharpLight Technologies Ltd.,
- Syneron Medical Ltd.,
- Cosmeditech Innovations Ltd.,
- SENTIENT LASERS, LLC,
- Erchonia Corporation,
- TJS Lasers, Inc.,
- Hyper photonics s.r.l.,
- Fotona d.o.o.,
- Asclepion Laser Technologies GmbH,
- BISON MEDICAL and NBW among others.
Competitive Analysis: Global Aesthetic/Cosmetic Lasers Market
The aesthetic/cosmetic lasers market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aesthetic/cosmetic lasers market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation: Global Aesthetic/Cosmetic Lasers Market
The global aesthetic/cosmetic lasers market is segmented by type standalone lasers and multiplatform lasers. Standalone lasers are further segmented into carbon dioxide (Co2) laser, Er:YAG (erbium YAG) laser, diode lasers, pulsed dye lasers, neodymium:yttrium-aluminum-garnet (Nd:YAG) laser, alexandrite lasers and others.
On the basis of application the market is segmented into hair removal, skin rejuvenation, vascular lesions, acne & scars, pigmented lesion & tattoo removal and leg & varicose veins.
By end user the market is segmented into private clinics, hospitals, cosmetic centers and medical spas.
On the basis of geography, aesthetic/cosmetic lasers market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The report provides insights on the following pointers:
- Learn about the market strategies that are being adopted by your competitors and leading organizations
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Global Aesthetic/Cosmetic Lasers Market
- To inspect the market based on product, market share and size of the product share.
- Market estimates of all the key segments, sub-segments, and the regional markets throughout the forecast period
- The report offers market share appraisals for regional and global levels
Features of the Report
- Key trends in the market place
- Major players and brands
- Drivers and restrains of the market
- Key developments in the market
- Challenges of market growth
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